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#547859 - 05/15/06 04:37 PM Money Laundering Detection
tsmith Offline
Junior Member
tsmith
Joined: Feb 2006
Posts: 40
Alabama
Does anyone know where I could find guidelines on detecting money laundering activities...such as structuring, layering, placement, etc.?

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BSA/AML/CIP/OFAC Forum
#547860 - 05/15/06 05:10 PM Re: Money Laundering Detection
Hrothgar Geiger Offline
10K Club
Hrothgar Geiger
Joined: Jun 2005
Posts: 10,395
Jersey Shore
Probably not the answer you were hoping for, but check out the reading list for the ACAMS exam (www.acams.org). That will give you a decent foundation.

And, technically, structuring, if anything, is a form of layering. Actually, I'm very tempted to say that structuring is distinct from money laundering (in the same way the fraud is distinct from money laundering.)

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#547861 - 05/15/06 05:43 PM Re: Money Laundering Detection
tsmith Offline
Junior Member
tsmith
Joined: Feb 2006
Posts: 40
Alabama
Thanks! That should help me with a place to start.

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#547862 - 05/15/06 05:44 PM Re: Money Laundering Detection
tsmith Offline
Junior Member
tsmith
Joined: Feb 2006
Posts: 40
Alabama
Thanks!

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#547863 - 05/15/06 07:26 PM Re: Money Laundering Detection
MagicCity Offline

Power Poster
MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
Go to the FFIEC website... there is good information on all areas of the bank..


http://www.ffiec.gov/bsa_aml_infobase/pages_misc/red.htm

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#547864 - 05/15/06 07:44 PM Re: Money Laundering Detection
MagicCity Offline

Power Poster
MagicCity
Joined: Apr 2003
Posts: 3,003
Fort Lauderdale, Florida
http://www.bankersonline.com/security/sarreviewcompil.html

Check out the above also, from BOL - it gives case studies.

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#547865 - 05/15/06 09:34 PM Re: Money Laundering Detection
tsmith Offline
Junior Member
tsmith
Joined: Feb 2006
Posts: 40
Alabama
Thanks for all the info.!

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